Property investors face new reality as ‘lower for longer’ interest rates fade away
According to M&G's Global Real Estate Outlook report, global property investors must increasingly focus on generating high yields and fostering growth to remain competitive...
PAG-led consortium to invest $8.3bn in world’s largest shopping mall manager
Asia Pacific-focused private equity firm PAG has joined forces with a group of investors to acquire a significant stake in Newland Commercial Management, the...
CBRE appoints co-CEOs for investment management business
CBRE Group has announced the appointment of Adam Gallistel and Andy Glanzman as Co-Chief Executive Officers of CBRE Investment Management.
In their new roles, Gallistel...
Crown Estate and Lendlease form £24bn UK joint venture
The Crown Estate and Lendlease have entered into a conditional agreement to establish a 50:50 joint venture that will focus on transforming Lendlease's undeveloped...
Brookfield–GIC consortium to acquire National Storage in $2.7bn deal
Australia's National Storage REIT has agreed to be acquired by a consortium led by Brookfield Asset Management and GIC, after entering into a Scheme...
Commercial real estate enters ‘Age of Relevance’ as AI reshapes demand, PIMCO says
Commercial real estate has entered a new investment phase in which artificial intelligence (AI), geopolitical shifts and the convergence of real estate with infrastructure...
Australian office market transaction volumes exceed A$19bn in 2018
The Australian office market recorded AUD 19.53 billion of transaction volumes in 2018 – the highest figure on record, according to JLL's Australian Office...
Kerry Properties acquires site in Hangzhou City, China
Kerry Properties, a property investment and development company in Mainland China and Hong Kong, has won the bid for a residential and commercial site...
Australian commercial property market sentiment rise in Q2 2019
According to NAB’s Commercial Property Index, Australian commercial property market sentiment rose 9 points to +7 in the second quarter of 2019. It rose...
Allianz to acquire interest in €1bn Beijing Grade A office complex
Allianz Real Estate will acquire an 85% interest in Ronsin Technology Center, an international Grade A office complex worth €1 billlion in Beijing.
Allianz Real...
Japan’s Daito Trust to invest US$74m in Singapore’s co-working space provider
Daito Trust Construction Co., Ltd (“Daito Trust”), a listed construction and real estate company in Japan, will invest a US$50 million in JustCo...
Australian Unity forms JV with Singapore’s Keppel Capital
Australian Unity, a company providing healthcare, financial services, as well as retirement and living services, has formed a strategic 50:50 joint venture partnership with...
